Atlantic SEE LNG Trade is accelerating the expansion of its activities in the Central and Southeastern European markets, using the doubling of the LNG quantities it has secured from Venture Global and exploiting the new opportunities created by the Vertical Corridor.
At a special event on Wednesday – its first official presence since its establishment last November – the joint venture of Aktor (60%) – DEPA (40%) presented its strategy as a safe and reliable supply provider in a market that continues to move under the pressure of geopolitical unrest.
The company’s management announced the conclusion of new short-term LNG supply and trading agreements before 2030, when the long-term supply contracts it has secured come into force, as well as the potential financial support for projects related to the Vertical Corridor of the American Development Finance Corporation (DFC).
As stated by the CEO of Atlantic SEE and head of Aktor Group, Alexandros Exarchou, DFC could provide guarantees for LNG supply agreements with Ukraine and other countries in the region or even provide financial support for infrastructure that enhances the Vertical Corridor. The deals signed with Ukraine, Bulgaria and Romania will develop into final agreements by year-end.
